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News Breaks
January 28, 2013
16:40 EDTVMWVMware cutting 900 jobs, sees total restructuring charges $90M-$110M
VMware disclosed in a regulatory filing that on January 25, VMware approved a plan to streamline its operations. The plan includes the following components: the elimination of approximately 900 positions and personnel, expected to result in a charge in the range of $70M to $80M; a planned exit of certain lines of business and consolidation of facilities, which are expected to result in a charge in the range of $20M to $30M. The plan is expected to be completed by the end of 2013. The total charge resulting from this plan is expected to be between $90M-$110M, with total cash expenditures associated with the plan expected to be in the range of $80M to $90M.
News For VMW From The Last 14 Days
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August 26, 2014
15:04 EDTVMWNetApp extends alliance with VMware on cloud computing
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12:32 EDTVMWVMware slips after updating 2015 guidance at analyst day
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12:04 EDTVMWVMware, NVIDIA, Google announce graphics collaboration
VMware (VMW), NVIDIA (NVDA) and Google (GOOG) announced a collaborative effort to deliver high-performance virtual desktops and workstation-class graphics to Google Chromebooks. The joint effort is expected to expand the hardware options for high-performance virtual desktops, VMware said.
08:03 EDTVMWVMware guidance cut will weigh on stock, says Cowen
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07:54 EDTVMWVMware guidance positive, says RBC Capital
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August 25, 2014
12:04 EDTVMWVMware, VCE expand cloud strategic partnership
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08:06 EDTVMWGigamon collaborates with VMware
Gigamon (GIMO) announced a collaboration with VMware (VMW) to extend Gigamon's visibility and monitoring solutions to support the software-defined data center. Gigamon will work with VMware to enable mutual customers to maximize previous investments in network, application and security monitoring tools as they virtualize their networks with the VMware NSX network virtualization platform.
August 24, 2014
21:59 EDTVMWVMware to hold a conference
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August 20, 2014
16:07 EDTVMWVMware acquires CloudVolumes, terms undisclosed
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August 19, 2014
08:11 EDTVMWVMware promotes Betsy Sutter to SVP, Chief People Officer
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08:09 EDTVMWVMware updates executive responsibilities
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